參數型保險經營之研究

The study of parametric insurance operations

蔡雅婷(Ya-Ting Tsai)

指導教授 ： 賴曜賢

淡江大學/商管學院/保險學系保險經營碩士班/碩士(2016年)

https://doi.org/10.6846/TKU.2016.01089

摘要

參數型保險是一種將金融衍生性商品操作特性納入保險機制的新型保險，在國外已行之有年，此類保險的賠償並非取決於標的實際損失，而是與損失相關之指標，其經營因而存在有基差風險的缺失，近年來我國保險業者似乎有意發展此類保險，在去年(2015年)主管機關核准了「參數型天氣保險業務自律規範」，同年核准三項農作物保險，這也是我國首次出現的農作物參數保險，但觀察此商品承保範圍，卻發現並無完全符合所謂參數保險之定義，似乎仍是一般傳統保險之規範，而真正參數保險應該呈現何種面貌？我國究竟適不適合發展典型參數保險？保險業如何規劃與經營才有助於參數保險的正常發展？引起作者興趣並著手研究。
本文透過文獻來分析參數保險之特性與目前我國商品現況，並探討其合理性與適法性、適用範圍、以及經營技術等方面，研究結果認為在現行法律規範下其實仍有讓參數保險發展空間，基差風險是可以透過正常保險經營技術來加以控制，只要主管機關能鬆綁法規與更積極規劃自律規範，應可使參數型保險發展更順利。

關鍵字

參數保險 ； 基差風險 ； 天氣保險

並列摘要

Parametric insurance is a new insurance product that puts the operating technology of financial derivative products into the insurance mechanisms. It has developed over the years in foreign countries. The claim of such insurance does not depend directly on the actual losses of the insured, but based on index related to the said losses. So there exists a basis risk on operations. In recent years, insurance industry in Taiwan seems to be interested in developing such insurance. Last year (2015), the Authorities announced the "Parametric Weather Insurance Business Self-Regulatory Rules." And in the same year, it approved three policies of new crop insurance, these were the first occurrence of crop parametric insurance in Taiwan. But when examining this crop insurance coverage, we found that they did not meet the definition of typical parametric insurance totally. It still seems to be the rules of traditional insurance. But what is the way that real parametric insurance should be presented? Is it suitable for the development of typical parametric insurance in Taiwan? How do the insurance companies plan and operate it so that it is good for normal development of parametric insurance? These problems make the author interested in and began to study.
This study analyzed characteristic of parametric insurance and status of our current products through the exploration of documentation, and also explored the rationality and appropriateness for the said insurance product, its scope of application, as well as management techniques. The study results suggest that under the existing legal norms it still make space for the development of parametric insurance. Basis risk can be controlled through the normal insurance management techniques. As long as the Authorities can relax regulations and Plan Self-regulatory Rules with more actively. It should be able to make development of parametric insurance more successful.

並列關鍵字

parametric insurance ； basis risk ； weather insurance

參考文獻

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